Life Insurance Agent definition

Life Insurance Agent means an “individual” or “entity” who/which is licensed, as required by law, to sell life, health, disability and accident insurance and annuity products and who / which is selling or providing advise with respect to such products which, if required to be authorized or approved for sale by a regulatory authority, have been so authorized or approved; however, it does not include, without limitation, anyone while acting as a general agent or in any similar capacity for a life insurance company if he/she has or supervises any sub agents.
Life Insurance Agent means an “individual” or “entity” who/which is licensed as a life or health insurance agent or broker, as required by law, or is licensed, as required by law, as a fee based life insurance consultant, counselor, or insurance advisor, and who/which is selling or providing advice with respect to life, health, disability and accident insurance and annuity products which, if required to be authorized or approved for sale by a regulatory authority, have been so authorized or approved. However, it does not include, without limitation, (a) anyone while acting as a general agent or in any similar capacity for a life insurance company if he/she has or supervises sub agents or (b) anyone acting as a risk manager, benefit manager or in any similar capacity with or without decision making authority for an “individual” or “entity.”
Life Insurance Agent means an “individual” or “entity” who/which is properly licensed by applicable regulatory authorities to act as an agent, broker, solicitor or consultant with respect to the sale of, or advice with respect to, the life, health, disability and accident insurance and annuity products for which he / she / it has coverage under this policy and which products, if required to be authorized or approved for sale by applicable regulatory authorities in the state of any such sale or advice, have been so authorized or approved. “Life insurance agent” does not include anyone while acting as a general agent or in any similar capacity for a life insurance company if he / she / it has or supervises any “life insurance agent” sub agents.

Examples of Life Insurance Agent in a sentence

  • Contrary to the Appellants’ claims, the testimony from Garrett, the New York Life insurance agent who handled the life insurance policies, revealed that there was some secrecy and change of routine involved in the transfer of life insurance beneficiaries.

  • In early 2008, Respondent assisted in the training of Christine Finley, a new Pennsylvania Life insurance agent.

  • In 2015 the Office issued 40 decisions3 in the matter of infringement of competition rules and in the area of merger control.

  • Contact our Home Office 800-886- 7656, our Sales & Marketing Office 855-874-9179 or your SO- KOL Life insurance agent for assistance and direction.

  • Services exports have been more resilient than goods exports in recent trade slowdowns.


More Definitions of Life Insurance Agent

Life Insurance Agent means a person licensed in this state as a resident or nonresident insurance agent who has received qualification or authority to write life insurance coverage under this code.
Life Insurance Agent means an individual who is authorized to solicit, negotiate, sell or arrange life insurance and accident and sickness insurance; (agent d’assurance-vie)
Life Insurance Agent means an “individual” or “entity” who/which is licensed, as required by law, to sell life, health, disability and accident insurance and annuity products and who / which is selling or providing advise with respect to such products which, if required to be authorized or approved for sale by a regulatory authority, have been so authorized or approved; however, it does not include, without limitation, an independent marketing organization (IMO), a field marketing organization (FMO),a national marketing organization (NMO), or any organization performing the functions typically done by these entities or anyone while acting as a general agent or in any similar capacity for a life insurance company if he/she has or supervises any sub agents.
Life Insurance Agent means an individual licensed, as required by law, to sell life, health, disability or accident insurance including activities as a licensed life insurance consultant. It does not include anyone while acting as a general agent or in any similar capacity for a life insurance company.
Life Insurance Agent means Life Insurance Agent under the law on Life Insurance
Life Insurance Agent means a duly licensed professional engaged in the sale of life, health, disability, accident or long term care insurance including activities as a licensed life insurance consultant.
Life Insurance Agent means a person providing marketing, selling, management or any other similar services to a licensed life insurance company under this Act;